Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 2,999 $ 8,501
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 56,571 70,441
Stock-based compensation expense 19,838 14,309
Deferred tax expense (benefit) 15,852 (24,269)
Gain on sale of assets, net (10,062) (453)
Changes in working capital items (50,559) (29,154)
Decrease in other non-current assets 12,881 14,490
Decrease in other non-current liabilities (15,512) (12,334)
Other operating activities, net (10,858) 1,805
Net cash (used in) provided by operating activities (33,881) 43,336
Cash flows from investing activities:    
Capital expenditures (26,390) (33,180)
Acquisitions, net of cash acquired (57,842) (5,825)
Proceeds from sale of assets 14,927 0
Investments and advances (7,436) (825)
Other investing activities, net (63) 1,199
Net cash provided by (used in) investing activities 153,249 (38,631)
Cash flows from financing activities:    
Proceeds from long-term debt 928,355 714,414
Payments on long-term debt (998,647) (686,634)
Purchases of treasury stock (12,122) (20,525)
Dividends (24,740) (24,063)
Proceeds from net investment hedges 14,990 17,416
Payments on net investment hedges (37,092) 0
Acquisition holdback and deferred purchase price payments (10,184) 0
Payments of debt issuance costs 0 (4,704)
Net cash used in financing activities (139,440) (4,096)
Effect of exchange rate changes on cash (361) 35
Net change in cash and cash equivalents (20,433) 644
Cash and cash equivalents at beginning of year 40,816 42,101
Cash and cash equivalents at end of period 20,383 42,745
SGK Brand Solutions    
Adjustments to reconcile net income to net cash flows from operating activities:    
Gain (loss) on divestitures (57,103) 0
Cash flows from investing activities:    
Proceeds from sale of SGK Business 228,004 0
Other Divestitures    
Adjustments to reconcile net income to net cash flows from operating activities:    
Gain (loss) on divestitures 2,072 0
Cash flows from investing activities:    
Proceeds from other divestitures $ 2,049 $ 0